Difference between revisions of "UTXO"

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'''UTXO''' stands for Unspent Transaction (TX) Output. Every on-chain bitcoin [[transaction]] sends bitcoin to one or more [[address]]es, from at least zero (in case of a [[coinbase]] transcation) addresses.
 
'''UTXO''' stands for Unspent Transaction (TX) Output. Every on-chain bitcoin [[transaction]] sends bitcoin to one or more [[address]]es, from at least zero (in case of a [[coinbase]] transcation) addresses.
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A bitcoin [[wallet]] balance is actually the sum of the UTXOs controlled by the wallet's private keys.
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== UTXO set ==
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The ''UTXO set'' is the collection of all addresses with unspent outputs.
  
 
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[[Category:Technical]]
 
[[Category:Technical]]

Latest revision as of 12:57, 27 June 2020

UTXO stands for Unspent Transaction (TX) Output. Every on-chain bitcoin transaction sends bitcoin to one or more addresses, from at least zero (in case of a coinbase transcation) addresses.

A bitcoin wallet balance is actually the sum of the UTXOs controlled by the wallet's private keys.

UTXO set

The UTXO set is the collection of all addresses with unspent outputs.

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